Today, in FHA Info 21-04, HUD announced that effective January 19, 2021, the Federal Housing Administration (FHA) is permitting individuals classified under the “Deferred Action for Childhood Arrivals” program (DACA)…
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2021 FHA/Conventional Mortgage Limits for South Florida have been raised!
ITS A GREAT TIME TO START LOOKING FOR A HOME!FHA MORTGAGE LIMITS FOR FLORIDA HAVE BEEN RAISEDRATES ARE AT A N ALL TIME LOW AND THE INCREASE ON PROGRAM LIMITS…
Buying a Condo: Full vs. Limited Condo Questionnaire
What is the difference between full condo and a limited condo review you asked? It’s funny but you are not alone. At first sight one has fewer pages than the…
Mortgages: Fixed vs Variable Home Loans
Fixed loan: Loan for a specific time period at a fixed rate Variable loan: Loan with a rate that fluctuates base on terms selected by borrower at origination. For…
What you need to know about Homestead Exemption
State law allows Florida homeowners to claim up to a $50,000 Homestead Exemption on their primary residence. County links for your convenience: Miami-Dade County Broward County Monroe County Brevard County…
Mortgage Rates Drop, Hitting a Record Low for the Eighth Time this Year
The resilience of the housing market continues as mortgage rates hit another all-time low, giving potential buyers more purchasing power and strengthening demand. We expect rates to stay low and…